Real estate and mortgage
MichiganMichigan property tax uncapping: what a buyer pays
When a Michigan house changes hands the taxable value uncaps to half the sale price the year after. Here is the arithmetic, and what it does to the bill.
MichiganMichigan Property Transfer Affidavit: deadline and penalty
The Michigan Property Transfer Affidavit is due 45 days after closing. Late, it runs $5 a day: $200 cap on a home you live in, $4,000 on one you do not.
MichiganHow accurate is a Zestimate? Zillow's own error, in dollars
How accurate is a Zestimate? Zillow's own figure: 1.74% median error on listed homes, 7.2% on homes that are not. On $400,000 that is a $28,800 band either way.